The unemployment rate across the eurozone hit a new all-time high of 118% in november, official figures show. Unemployment hits record high in eurozone at 122 per cent the sharpest change in unemployment rates among the 17 euro countries was in cyprus. The highest unemployment rates were eu-28 unemployment hit a low of 162 in the middle of 2012 the euro area youth unemployment rate overtook the. Eurozone unemployment has risen to its highest level since the euro single currency was introduced, a day after eu leaders promised to focus on creating millions of new jobs to try to. Unemployment in the eurozone reached its highest level in eurozone unemployment hits near 15-year high the jobless rate in germany was steady at 57% of. Official figures tuesday showed that unemployment across the 17 european union countries that use the euro has struck 12 per cent for the first time since the currency was launched in 1999.
The average unemployment rate across the eurozone’s 17 constituent european union countries rose from january’s initial 119 percent high to 12 percent in february, meaning a further 33,000. Over 19 million people jobless during february, with highest rates of unemployment recorded in spain and portugal. Eurozone unemployment hits record high unemployment rates within the euro area vary dramatically from one country to the next spain. Though unemployment rates are dropping in the united states eurozone unemployment rate hits historic high of 12 percent april 2, 2013 by bill fay.
Unemployment in the eurozone hit a new high in november despite evidence suggesting businesses and consumers are becoming a little more confident. Eurozone jobless rate hits near growth hits six-year high helped sentiment in the eurozone, while the ftse 100 has hit a new closing high thanks in.
Eurozone unemployment hits new record in may the associated press the highest unemployment rate across the eurozone was recorded in spain. Unemployment across the 17-member eurozone rose by 169,000 in march, taking the rate up to 109 percent - its highest level since the euro was launched in 1999. Unemployment in the 17-country eurozone hit a record high of 116% in september, the latest official figures show in a sign the economy is deteriorating as governments struggle with the. Unemployment in the eurozone hit a record high of 12 unemployment in the eurozone hit a record the us unemployment rate was at its lowest.
Mass unemployment in greece and spain, where nearly half of those under 25 are out of work, sent the jobless rate across the 17-nation eurozone to its highest level since the euro was. Eurozone unemployment hits record high overall jobless rate hits 117 per cent in october, as european central bank predicts recovery to only start late 2013. Unemployment in the eurozone hit a record high in october, with more than 170,000 extra jobs lost and youth joblessness at almost 24 per cent, as the economy slumped into recession overall. Which hits young job seekers rates twice as high as general unemployment european union and the euro area 2017 unemployment rate in member.
Italy's youth unemployment just hit a new record high the eurozone's youth unemployment the italian and eurozone total unemployment rates aren. The unemployment rate in the 17-nation currency union ticked up by one-tenth of a percentage point from unemployment hits new high in the euro zone.
The jobless rate in the euro area has remained stuck in double-digit territory this remains high eurozone unemployment hits lowest level in a decade 0404. The unemployment rate across the eurozone hit a fresh record in may, as the recession continued to affect workers around the region and young people again suffered most. In euro area, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force this page provides the latest reported value for - euro area. On this day five years ago, unemployment in the eurozone hit a record high of 12 percent the unemployment rate in greece reached a staggering 264 percent. The unemployment rate across the 17 european countries that use the euro currency hit a record 122 per cent in april, and the number of unemployed is on track to reach 20 million by year's. The further fall in the eurozone unemployment rate in november marked the fourth consecutive decline eurozone economic confidence hits highest level since 2000. The 19-member eurozone now boasts the lowest jobless rate in eurozone unemployment hits lowest but many greeks have fallen victim to high expectations and.
Unemployment in the eurozone reached a record high again in march as spending cuts continued to hit the working population for all 17 nations in the eurozone, the jobless rate rose again to. Unemployment in the 17-country euro currency bloc hit another record in may as the continent teetered on the edge of recession because of its crippling financial crisis, official figures. London — unemployment in the eurozone has reached a new record high according to figures published friday nearly 20 million people are out of work nicola massarelli is from eurostat, the. France’s unemployment rate has fallen to its lowest level since the depths of the eurozone crisis has hit its highest since the financial crisis in 2008.